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Brian Sullivan: CME Group Fed Watch Tool shows chance of interest rate hike this year

Brian Sullivan: CME Group Fed Watch Tool shows chance of interest rate hike this year
Fed Watch Tool signals possible hike

Brian Sullivan highlights that the CME Group Fed Watch Tool is indicating a chance of an interest rate hike later this year, rather than a cut.

This suggests that market expectations for Federal Reserve policy may be shifting toward further tightening rather than easing.

Earlier this year, Brian Sullivan reported that stocks set new records as oil prices moved lower in the morning session, according to market data at the time. In a separate note, Sullivan discussed how oil prices had stayed within a two-month range, while inventory levels tightened and developments with Iran were considered as factors for possible movement in the oil market. These updates provide additional context to current shifts in Federal Reserve policy expectations.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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